Community Healthcare Trust (Community Healthcare Trust) Debt-to-Equity : 0.87 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Community Healthcare Trust Debt-to-Equity?

Community Healthcare Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $89.0 Mil. Community Healthcare Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $357.4 Mil. Community Healthcare Trust's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $511.6 Mil. Community Healthcare Trust's debt to equity for the quarter that ended in Mar. 2024 was 0.87.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Community Healthcare Trust's Debt-to-Equity or its related term are showing as below:

CHCT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.57 Max: 0.87
Current: 0.87

During the past 10 years, the highest Debt-to-Equity Ratio of Community Healthcare Trust was 0.87. The lowest was 0.03. And the median was 0.57.

CHCT's Debt-to-Equity is ranked worse than
57.89% of 672 companies
in the REITs industry
Industry Median: 0.78 vs CHCT: 0.87

Community Healthcare Trust Debt-to-Equity Historical Data

The historical data trend for Community Healthcare Trust's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Community Healthcare Trust Debt-to-Equity Chart

Community Healthcare Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.55

0.50

0.58

0.72

0.79

Community Healthcare Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.75	0.74	0.78	0.79	0.87

Competitive Comparison of Community Healthcare Trust's Debt-to-Equity

For the REIT - Healthcare Facilities subindustry, Community Healthcare Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Community Healthcare Trust's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Community Healthcare Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Community Healthcare Trust's Debt-to-Equity falls into.

Community Healthcare Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Community Healthcare Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(50	+	357.308)	/	513.256
	=	0.79

Community Healthcare Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(89	+	357.365)	/	511.646
	=	0.87

Community Healthcare Trust (NYSE:CHCT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Community Healthcare Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Community Healthcare Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Community Healthcare Trust (Community Healthcare Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Community Healthcare Trust Inc (NYSE:CHCT) » Definitions » Debt-to-Equity

Comparable Companies

CHTH AHTR GMRE UHT DHC CVMCA HLTC LTC NHHS STRW WELL VTR PEAK OHI HR SBRA MPW DOC XBRU:AED NHI

Traded in Other Exchanges

4U9:Germany

Address

3326 Aspen Grove Drive, Suite 150, Franklin, TN, USA, 37067

Website

https://www.chct.reit

Community Healthcare Trust Inc is an integrated healthcare real estate company in the United States. The company owns and acquires, or finances, real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in non-urban markets. The company derives majority of its revenues from its real estate property and mortgage notes portfolio. The company's rental and mortgage interest income is recognized based on contractual arrangements with its tenants and borrowers.

Executives

Monroe William G. Iv	officer: Chief Financial Officer	3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Timothy L. Meyer	officer: EVP - Asset Management	3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Cathrine Cotman	director	3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Robert Z Hensley	director	C/O 1621 GALLERY BLVD., BRENTWOOD TN 37027
Claire M Gulmi	director
W. Page Barnes	officer: Executive VP & CFO	354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Van Horn R. Lawrence	director	354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
David H. Dupuy	officer: Executive Vice President & CFO	3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Leigh Ann Stach	officer: VP Financial Reporting & CAO	354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Timothy G Wallace	director, officer: Chairman, CEO and President
Alfred Lumsdaine	director	3841 GREEN HILLS VILLAGE DR, NASHVILLE TN 37215
Alan Gardner	director	354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Athena Funding Partners, Llc	10 percent owner	354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067